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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Empowering Women at United Rentals: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: United Rentals' healthcare provider is primarily UnitedHealthcare, as they are one of the major insurers involved in providing coverage for their employees. As the healthcare landscape shifts, United Rentals employees may face significant increases in healthcare costs in 2026. Premiums for Affordable Care Act (ACA) marketplace plans are expected to soar, with some states seeing hikes of over 60%. Factors driving these increases include the potential expiration of enhanced federal subsidies and rising medical expenses, particularly in prescription medications. With nearly half of large employers likely to shift more costs onto employees through higher deductibles and out-of-pocket expenses, United Rentals workers should proactively assess their health benefit options to mitigate financial impacts. Click here to learn more

Preparing for retirement at United Rentals can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and benefits due to their time absent from the workforce. Research shows that 31% of women are currently or have been caregivers during their careers. Women who are working also tend to put less money aside for retirement. According to one report, women contribute 30% less to their retirement accounts than men.

These numbers may seem overwhelming, but you don’t have to be a statistic. With a little foresight, you can start taking steps now, which may help you in the long run. Here are three steps to consider that may put United Rentals employees ahead of the curve.

  •  Talk about money.  Nowadays, discussing money is less taboo than it’s been in the past, and it’s crucial to take control of your financial future. If you’re single, consider writing down your retirement goals and keeping them readily accessible. If you have a partner, make sure you are both on the same page regarding your retirement goals. The more comfortably you can talk about your future, the more confident you may be to make important decisions when they come up.
  •  Be proactive about your retirement after United Rentals.  Do you have clear, defined goals for what you want your retirement to look like? And do you know where your United Rentals retirement accounts stand today? Being proactive with your United Rentals retirement accounts allows you to create a goal-oriented roadmap. It may also help to adapt when necessary and continue their journey regardless of things like relationship status or market fluctuations.
  •  Make room for your future in your budget.  Adjust your budget to allow for retirement savings, just as you would for a new home or your dream vacation. Like any of your other financial goals, you may find it beneficial to review your retirement goals on a regular basis to make sure you’re on track.
  • Retirement may look a little different for women, but with the right strategies – and support – you’ll be able to live the retirement you’ve always dreamed of.
  •  Transamerica.com, 2021
  •  GAO.gov, 2021

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What type of retirement savings plan does United Rentals offer to its employees?

United Rentals offers a 401(k) retirement savings plan to help employees save for their future.

Does United Rentals provide any matching contributions to the 401(k) plan?

Yes, United Rentals provides a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

How can employees enroll in the United Rentals 401(k) plan?

Employees can enroll in the United Rentals 401(k) plan through the company's online benefits portal or by contacting the HR department for assistance.

What is the eligibility requirement for United Rentals employees to participate in the 401(k) plan?

Generally, employees at United Rentals are eligible to participate in the 401(k) plan after completing a specified period of service, which is outlined in the plan details.

Can United Rentals employees make changes to their 401(k) contributions?

Yes, employees at United Rentals can change their contribution amounts at any time, subject to the plan's guidelines.

What investment options are available in the United Rentals 401(k) plan?

The United Rentals 401(k) plan offers a variety of investment options, including mutual funds and target-date funds, allowing employees to choose based on their risk tolerance and retirement goals.

Is there a vesting schedule for the employer match in the United Rentals 401(k) plan?

Yes, United Rentals has a vesting schedule for employer matching contributions, which determines when employees fully own those contributions.

How often can United Rentals employees review their 401(k) account statements?

Employees at United Rentals can review their 401(k) account statements quarterly, and they also have access to their accounts online for real-time updates.

What happens to a United Rentals employee's 401(k) if they leave the company?

If a United Rentals employee leaves the company, they have several options for their 401(k), including rolling it over to a new employer's plan or an IRA.

Does United Rentals allow loans against the 401(k) plan?

Yes, United Rentals allows employees to take loans against their 401(k) balance, subject to the plan's terms and conditions.

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